As a homeowner who has rented out their property, you are not liable for any home insurance and cannot get coverage with a traditional home insurance policy. In case of a fire or loss to the property, the home insurance policy requires you to be a resident to make any claim.

A mortgage is a key debt instrument in the financing arena, as it provides a quick loan to the borrower against the property and is a security to the bank. Typically, the large businesses and individuals use the mortgage as an option for large real estate purchases, without making payment of the full value.

Fixed income funds aren’t the most profit-yielding sources of investment. In fact, they generally fall under the lowest tier of a financial investment tools’ pyramid. Stocks and the share market provide tempting offers that have a definitive return, usually on the higher end. However, should the stock market face a hit or your stocks see a downfall, a fixed income fund would help you get by till you’re back in the game.

While everybody understands how a mortgage works, there is still confusion revolving around the concept of a reverse mortgage. A lot of financial experts believe that a reverse mortgage is not advisable for financially vulnerable seniors. However, there are reasons why a reverse mortgage for seniors is considered a good idea.

It is possible to trade in foreign currency or Forex as it is known today. For retail investors, there are different types of accounts that may be opened. These include standard lots, micro lots, and mini lots. For first-time traders, a micro account is ideal and may be started with a very small amount.

There are always great rates in the market available for home mortgage loans. While you may not have been able to tap on one of the best deals, there are various options for refinancing, which may ensure that you still get affordable rates. Listed below are some of the best mortgage lenders, who are known to offer some of the best refinance loans for home mortgages as well.